PRICE IMPROVEMENT! Investment opportunity in Harlan, IN! This 4-unit multifamily property at 17425 St Rd 37 offers immediate income with additional upside potential. All units are currently occupied, providing instant cash flow. Tenants pay their own electric, and all residents reimburse the owner monthly for water, sewer, trash, and gas through a RUBS system, helping to control expenses and protect NOI. The property also features ample off-street parking and a convenient location with easy access to surrounding areas. Professional property management is already in place, making this a seamless transition for investors seeking a low-maintenance asset with value-add potential.
Pending
Price cut: $10K (6/26)
$315,000
17425 State Road 37, Harlan, IN 46743
7beds
4,042sqft
Quadruplex
Built in 1900
-- sqft lot
$301,600 Zestimate®
$--/sqft
$-- HOA
What's special
Ample off-street parking
- 171 days
- 314
- 13
Zillow last checked:
Listing updated:
Listed by:
Lori DePew 260-438-5308,
Open Door Rentals and Real Est
Source: IRMLS,MLS#: 202609539
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Mixed
- Basement: Partial,Sump Pump
Interior area
- Total structure area: 4,349
- Total interior livable area: 4,042 sqft
- Finished area above ground: 4,042
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: Off Street Parking
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,568 Square Feet
- Dimensions: 57x150
- Features: Level
Details
- Additional structures: None
- Parcel number: 020428353016.000062
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Harlan
Financial & listing details
- Annual tax amount: $3,663
- Date on market: 3/23/2026
- Inclusions: Building, Land
- Lease term: 12 Months
- Total actual rent: 36480
- Tenant pays: Electricity, Fuel, Sewer, Trash Collection, Water
Estimated market value
$301,600
$287,000 - $317,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Pending sale | $315,000 |
Source:  IRMLS #202609539 Report a problem | ||
| 6/26/2026 | Price change | $315,000-3.1% |
Source: IRMLS #202609539 Report a problem | ||
| 3/23/2026 | Price change | $325,000+38.3% |
Source: IRMLS #202609539 Report a problem | ||
| 6/22/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/30/2023 | Listed for rent | $850 |
Source: Zillow Rentals Report a problem | ||
| 9/9/2021 | Pending sale | $235,000 |
Source: IRMLS #202123474 Report a problem | ||
| 8/18/2021 | Price change | $235,000-1.7% |
Source: IRMLS #202123474 Report a problem | ||
| 7/23/2021 | Listed for sale | $239,000 |
Source: IRMLS #202123474 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 46743
Nearby schools
Schools provided by the listing agent
- Elementary: Woodlan
- Middle: Woodlan
- High: Woodlan
- District: East Allen County
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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